Esker Blog
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In an autonomous finance function, processes and activities are partly governed and majority operated by self-learning software agents that optimise front-, middle- and back-office operations. According to Shannon Cole, senior director analyst, research in the Gartner Finance practice, opines ...
In today's business environment, effective credit and collection management are critical for maintaining financial stability and ensuring the long-term success of any organisation. The process of managing credit risks, monitoring customer payments, and optimising collections can be complex and...
In today’s fast-paced business landscape, maintaining a competitive edge is crucial. Manual order management processes can be time-consuming, error-prone, and hinder growth potential. However, by embracing technology-driven solutions like Esker’s Order Management Solution, businesses can...
Once you experience the reliability, efficiency, and user-friendliness of e-invoicing, you’ll question how you ever coped without it. Tired of drowning in a sea of paper invoices and receipts? Well, it’s time to say goodbye to the headache-inducing mess and hello to e-invoicing. With e-invoicing,...
As businesses grow, there may be better approaches than solutions in Customer Service that worked a year ago. There are processes associated with everything your organisation does, both externally and internally. Which ones should be improved now? Which ones are most crucial to your customers and...
As companies grow and expand, managing accounts receivable (AR) can become a more challenging task. Accounts receivables (AR) are the lifeblood of any business, providing the necessary funds to keep operations running smoothly. However, managing AR can be a complex and time-consuming process that...
The robots are here. Okay, they’ve actually been here for a while now. But lately it’s hard to avoid the topic of artificial intelligence (AI) and the newest game-changing tools it’s made available to every person and business around the globe with internet access. If you still don’t know what...
In today’s digital age, electronic invoicing (e-invoicing) has become essential to modern business. It is a faster, more cost-effective, and more efficient way to manage your billing processes, which is why many businesses are now turning to e-invoicing software to streamline their invoicing...
The basic principles underpinning supply chain finance aren’t by any means new. In fact, it dates back nearly 50 years. To help their suppliers weather an economic downturn in the 1970s and ’80s, Italian automaker Fiat began using the practice to help maintain its supply chain during the recession...
As More Companies Weigh Cuts to ESG Budgets, 76% of U.S. Employees Say Sustainability at the Workplace is More Important Than Ever An Esker survey of salaried workers reveals that sustainability concerns play an increasing role in where people want to work, where they want to invest, and who they...
At Esker we were really pleased to learn that we met the inclusion criteria for the 2022 Gartner® Magic Quadrant™ Report for Procure-to-Pay Suites the third year running. Providing companies across the globe with a solution that helps them better manage spending and financials is the reason why we...
In Part 1 of the Rethinking Receivables blog series, we highlighted four strategies that all finance leaders should prioritise in 2023 in order to maintain a healthy cashflow and resilient business model. Now, in Part 2, we explore the influence and impact of AI-driven automation within...
Millennials are now the largest generation in the workforce and businesses are being forced to adapt their antiquated processes to accommodate for this tech-savvy, educated group of individuals. As a result, businesses now more than ever are investing in automation technology to streamline manual...
Supplier management is a complex, multi-step process that’s a fundamental aspect of an organisation’s success. However, despite its importance, it remains a highly manual process for so many businesses — which can lead to a slew of inefficiencies that affect every stage of the procure-to-pay (P2P...
While systems can significantly improve the efficiency and accuracy of the Accounts Payable process, there are still several missing gaps and challenges that companies may face before implementing a solution. In this article, we will explore five common AP challenges and discuss how Esker's...
Entrance to the Year 2023, it’s an opportune time for finance leaders to review, reassess and rethink their accounts receivable (AR) strategies. But this prompt is not simply some end-of-the-year contrivance. A shift in mindset is arguably necessary for organisations to maintain a healthy...